Adani Energy Solutions Stock Drops by -3.23% and Continues to Underperform Sector

Adani Energy Solutions, a largecap company in the power generation and distribution industry, has seen a decline in its stock price by -3.23% on November 25th, 2024. This drop in stock price has been reflected in the stock call given by MarketsMOJO, which is currently a 'Sell'. The stock is currently trading close to its 52-week low, with only a 0.26% difference. It has also underperformed the sector by -4.21% today. This is the third consecutive day that the stock has been losing, with a total decline of -27.8% in this period. However, there was a slight positive movement today as the stock opened with a gain of 3.79%. The intraday high for the stock was Rs 694.15, a 6.89% increase from the previous day's close. On the other hand, the intraday low was Rs 628.05, a -3.29% decrease from the previous day's close. The stock has shown high volatility today, with an intraday volatility of 5.59%. Adani Energy Solutions is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a downward trend in the stock's performance. In comparison to the Sensex, Adani Energy Solutions has underperformed with a -3.03% performance in the last 1 day and a -31.57% performance in the last 1 month, while the Sensex has shown a 1.13% and 0.76% performance, respectively. Overall, Adani Energy Solutions has seen a decline in its stock price and is currently trading below its moving averages. Investors should keep an eye on the stock's performance and make informed decisions.